How Self-Empowered Bankingsm Works:
Create Your Own Bank

Self-Empowered Banking puts the power of the banking system in your hands by creating the same mechanisms used by a traditional bank to multiply money and build wealth.  

Using a simple but powerful asset, which you most likely already have – a whole life insurance policy from a mutual insurance company, you have the power to be your own banker.   It’s not just a whole life insurance policy – it’s a savings, financing and investing vehicle that provides security, tax deductions and guaranteed financial growth.

Combine this with an expert financial professional who is a trained specialist in using this powerful asset as a personal bank and your whole life insurance policy becomes an economic engine designed to help you build wealth, reduce debt and save for the future.

Do you already own a whole life insurance policy?  If so, you could already be well on your way to your own Self-Empowered Banking System; if not, we can help you get started.  To find out how to turn this asset into a powerful banking and financing tool, call or email Julie Ann Hepburn at 312.957.9400 x 403.


Put Your Life Insurance Asset to Work

A whole life insurance policy (mutual) is an asset that most people already own. What they don’t know is that it can actually be working for them to reduce debt, eliminate finance charges, reduce taxes, increase savings, guarantee principle and investment returns and in general, provide a stable financial base on which to build wealth.

Using your participating whole life insurance policy (mutual) as a bank is a highly specialized financial transaction, which requires the expertise of a specially trained financial expert in structuring and managing the use of a whole life insurance policy (mutual) in this manner. 
When guided by a trained financial specialist in doing this, you will get the most out an asset, which you may already own and, which usually lays dormant until the policyholder dies.  Instead, by creating a Self-Empowered Banking Systemsm, the policyholder is now a banker with the same power of the banking system to:

  • Make Loans to finance equipment, college, houses, cars and more
  • Charge Interest & Fees
  • Earn Interest & Dividends at a guaranteed annual rate
  • Redirect Finance Charges and other forms of leakage back to your ‘bank’
  • Create a ‘multiplier effect’ for your funds using the same monetary velocity principles that banks use
  • Provide tax benefits


There Is A Difference

It’s not just a whole life insurance policy – it’s a Self-Empowered Banking System. There is a difference.  Your insurance agent may have sold you a whole life insurance policy, but that same person cannot structure a Self-Empowered Banking System unless they have been trained specifically to do so.

National Private Client Group has the expertise to establish a Self-Empowered Banking System because this is all they do.  They are specifically trained to work with you and your other financial advisors to structure and manage a Self-Empowered Banking System to help you get the greatest benefit from one of your most significant investments: your whole life insurance policy (mutual).

Contact Julie Ann Hepburn today to learn more

All Life Insurance is Not Created Equal

There are many different kinds of life insurance products in the marketplace, but only one type of life insurance can be successfully and sustainably used for setting up a Self-Empowered Banking System: whole life insurance from a mutual insurance company, also known as participating whole life insurance.

A policy, issued by a mutual company, is owned solely by the policyholder, and the mutual company is owned solely by the policyholders.  There are no outside stockholders to influence how the mutual company is run, when dividends are issued and how much those dividends are.  You are in total control of the money you put into your policy.

Buy Term; Invest the Rest

“Buy term; invest the rest.”  This mantra has become the hallmark (and biggest money-maker) of the term insurance business, as well as several high-profile investment advisors.  What they don’t tell you is that you have to die for term insurance to pay off.  You can’t borrow against it and when the term of the policy is over, typically 20 or 30 years, the money you put in it is gone.  It is strictly a death-benefit payoff to provide a buffer against risk – most often the risk of dying young.

Yes, term is cheaper on a monthly basis but think about this: if you pay $50 a month for 20 years on a term policy, you will have spent $12,000 over the life of the term policy*.  No dividends, no way to access this money if you need it, and at the end it’s gone unless you die during the term of the policy.   If you extend the policy past the term, assuming you’re still insurable, you’ll pay the same amount in annual premium that you paid in total for the previous 20 years -- $12,000. 

Oh, by the way, what the term companies don’t tell you is that they invest your premiums and earn interest on them, which they do not share with you.  How much do you think they make on your $12,000?  No wonder ‘term insurance’ is considered the biggest money-maker in the insurance industry.

The same amount of money invested in a whole life insurance policy would be available to you to borrow against to finance your children’s college, buy a new car, home or business equipment, pay off your high-interest credit cards and invest for your retirement.  At the same time, it is also earning dividends and interest. 

How many investments do you own, which can do all that, and provide a guaranteed 4% annual rate of return with a potential gross dividend rate of 5-7%, and depending on your tax bracket that translates to 7-10% external return equivalent, while also helping you lower your taxes?

While there’s a proper time to use term life insurance, cheap is not always the best choice, unless you know exactly when you’re going to die. Being smart about whole life insurance is a much better choice. 

* Based on a 40-year old male,